Housing Affordability Rises Slightly in First Quarter 2014
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) reports lower median prices and steady mortgage rates contributed to higher housing affordability in Q1...
View ArticleGreen Tree could Face Fines if Mortgage Servicing not Corrected
The latest compliance report released by the Office of Mortgage Settlement Oversight reveals Green Tree Servicing failed eight of the settlements 29 metrics for mortgage servicing, according to...
View ArticleSingle-family Home Builder Expectations Rise
MHProNews has learned the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose four points to 53 in July, indicating more single-family home builders than not have...
View ArticleWells Fargo Reports Growth in Originations
According to nationalmortgagenews.com, Wells Fargo executives welcome the effort by Federal Housing Finance Agency Director (FHFA) Mel Watt to expand mortgage credit availability, but caution that...
View ArticleHousing Affordability Slips in Second Quarter, 2014
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), housing affordability nationwide slipped in the second quarter 2014 for families earning the...
View ArticleThink Loan Steering is no big deal? Wells Fargo Settles $175 Million case
Wells Fargo will pay $175 million in compensation to more than 30,000 minority borrowers who allegedly were steered into riskier, more expensive loans during the housing boom. US News tells MHProNews...
View ArticleWells Fargo – A Whole New Ball Game for Housing in 2015
There is some good news on the horizon for the housing industry as many experts and economists expect an expanding market for 2015. Most housing analysts are predicting substantial growth in housing...
View ArticleIndicators of New Home Sales Rise for 2015
In a sign that the home-building industry is set for a busy spring season, John Burns Real Estate Consulting Inc. reports a survey of home builders indicates Feb. 2015 sales were up 12 percent from the...
View ArticleBuilders of Single-family Homes see Brighter Days
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June, more than expected, from 54 to 59 points, hitting its highest level since September,...
View ArticleHomebuilders Confidence Level Hits High Mark
Marking the 13th consecutive month reading above 50, and hitting the highest point in nearly a decade, the National Association of Home Builders/Wells Fargo builders confidence gauge high 60 this...
View ArticleSunday Morning Recap-Manufactured Housing Industry News Jan. 24 -Jan. 31, 2016
What’s New in public focused Manufactured HomeLivingNews.com Not “Beer Cans on Frames,” they’re Modern Manufactured Homes! What’s New in Manufactured Housing Industry Professional News Interview with...
View ArticleWells Fargo was Freddie’s Top MHC Seller in 2015
Following a story MHProNews posted Jan. 14, 2016 regarding GSEs Fannie Mae and Freddie Mac’s multifamily loans for 2015, which totaled just under $90 billion, rebusinessonline reports CBRE was...
View ArticleSunday Morning Recap-Manufactured Housing Industry News Jan. 31 -Feb. 7, 2016
What’s New in public focused Manufactured HomeLivingNews.com Lifestyles of the Rich and Frugal: Manufactured Mansions Take Their Place in the California Sun What’s New in Manufactured Housing Industry...
View ArticleHousing Affordability Rose in Q4 2015
The Housing Opportunity Index (HOI) report released by the National Association of Home Builders (NAHB) and Wells Fargo reveals U. S. housing affordability rose in the final quarter of 2015. Reflecting...
View ArticleBuffett’s Berkshire Hathaway Stake in Wells Fargo nears Ten Percent
As Warren Buffett’s Berkshire Hathaway approaches ten percent ownership in Wells Fargo & Co., mostly through several of Berkshire’s subsidiaries, he will have to pass a Federal Reserve review if he...
View ArticleSunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016
What’s New in public focused Manufactured HomeLivingNews.com Realtors and Builders Warm Up to the Wonders of Manufactured Housing What’s New in Manufactured Housing Industry Professional News MA town...
View ArticleDrew Drawing a Bead on Overseas Markets?
MHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200...
View ArticleRegulatory Costs for New Home Construction Keep Climbing
According to a report courtesy of HousingEconomics.com, the National Association of Home Builders (NAHB) states that 24.3 percent of the average cost of a new single-family home is the result of...
View ArticleHomebuilder Confidence Numbers Show Need for Manufactured Housing
New data from the National Association of Home Builders (NAHB) and Wells Fargo’s Housing Market Index (HMI) showed that homebuilder confidence grew in May to its second highest point since the...
View ArticleBuffett’s Clayton Buys Yet Another Builder, Growing Dominance in U.S. Housing...
Last week, the Daily Business News on MHProNews was the first in manufactured housing to report that Berkshire Hathaway’s Clayton Property Group added Colorado based Oakwood Homes to their expanding...
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